Residential Income Property with Updated
For Sale
Under Contract
$299,000
126 Avenida Majorca, Laguna Woods, CA 92637
Laguna Woods, CA
Property Size1,040 SF
Price / SF$287.50
Days on Market74
Property Features for 126 Avenida Majorca
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Rooms
Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Laundry Room, Family Room
Parking
1
Spa
1
Window features
Double Pane Windows
Patio and Porch features
Porch, Patio
Appliances
Water Heater, Disposal, Refrigerator, Electric Range, Electric Oven, Dishwasher, Electric Cooktop
Subdivision
Leisure World (LW)
View
Park
Elementary school district
Saddleback Valley Unified
Middle school district
Saddleback Valley Unified
High school district
Saddleback Valley Unified
Directions
5 fwy exit at El Toro to Gate 1 , take Avenida Sevilla , left on Avenida Majorca
Standard status
Active Under Contract
Size
1,040 SF
Taxes and HOA fees
HOA Fee
$760 Monthly
Utilities
Sewer type
Public Sewer
Cooling system
Electric, Heat Pump
Water source
Public
Amenities
stacked washer/dryer
private glass enclosed patio
27-hole championship golf course
9-hole executive par 3 courses
tennis
paddle tennis
pickle ball
lawn bowling
2 fitness centers
7 clubhouses
5 swimming pools
equestrian center
horse stables
gardening
art studio
shuffleboard courts
craft and hobby workshops
game rooms
billiard rooms
world-class woodshop
over 200 clubs and organizations
free bus transportation
Building Details
Year built
1964
Floors in Building
1
Number of units
8
Flooring type
Laminate, Carpet
Architectural style
Mediterranean
Listing Agency:
Laguna Premier Realty Inc.
(949) 900-6930
Listed By:
Lisa Post-Letourneau · License #00879175
(714) 928-3976
Added: Jul 30
Changed: Oct 10
Last Checked: Oct 11 at 2:06PM
MLS# OC26166964
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,040-square-foot Mediterranean-style residential income property was built in 1964 and offers a two-bedroom, two-bathroom layout with a family room, living areas, kitchen, and laundry room. Recent improvements include new luxury vinyl flooring in the entry, hallway, kitchen, bathrooms, living room, and dining room, along with new carpeting in both bedrooms and fresh interior paint. The kitchen includes wood cabinetry, an electric cooktop, vented hood, refrigerator, dishwasher, disposal, electric oven, and water heater. A glass-enclosed patio and porch extend the usable living area, while heat-pump and electric cooling provide climate control.
The property is located in Laguna Woods Village in Laguna Woods, California. Community amenities include a 27-hole championship golf course, a 9-hole executive par 3 course, tennis, paddle tennis, pickleball, five swimming pools, two fitness centers, seven clubhouses, an equestrian center, public bus transportation, and more than 200 clubs and organizations. Public water and public sewer serve the property.
The property is located in Laguna Woods Village in Laguna Woods, California. Community amenities include a 27-hole championship golf course, a 9-hole executive par 3 course, tennis, paddle tennis, pickleball, five swimming pools, two fitness centers, seven clubhouses, an equestrian center, public bus transportation, and more than 200 clubs and organizations. Public water and public sewer serve the property.
Key Highlights
- 1,040‑square‑foot Mediterranean‑style residence built in 1964
- Two‑bedroom, two‑bathroom layout with family room and laundry room
- Updated kitchen with electric cooktop, vented hood, refrigerator, dishwasher, and disposal
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,851
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,020
$397.0K
Cap Rate 7%
$283,586
$283.6K
Cap Rate 9%
$220,567
$220.6K
Market Conditions
NOI Build-Up for 1,040 SF
Gross rent
$37.4K $36.00/SF
− Vacancy
−$1.3K −$1.30/SF
EGI
$36.1K $34.70/SF
− OpEx
−$16.2K −$15.62/SF
NOI
$19.9K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,020
Cap Rate 7%
$283,586
Cap Rate 9%
$220,567
Alternative Uses
Best Use
Apartment 5plus
$283.6K
$248.1K – $330.9K
NOI $19,851 @ 7.0% cap · market cap 6.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.3K
$305.7K – $407.5K
NOI $24,452 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,125
Businesses Nearby
Explore this area
Business Placement
Demographics for 92637, CA
17,644
Population
13,494
Households
1.3
Avg Household Size
75
Median Age
52%
College-Educated
97%
High-School Grad
3.0 sq mi
ZIP Area
5,881
Density / Sq Mi
$60,235
Median Household Income
$40,375
Median Earnings
$2,232
Median Rent
$364,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - Mediterranean-style residence with refreshed finishes, two bedrooms, and an enclosed patio within Laguna Woods Village.
Where is this single family property located?
The property is located at 126 Avenida Majorca Laguna Woods, CA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,040‑square‑foot Mediterranean‑style residence built in 1964; Two‑bedroom, two‑bathroom layout with family room and laundry room; Updated kitchen with electric cooktop, vented hood, refrigerator, dishwasher, and disposal
